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7investing Market Focus: Square’s $29 Billion Acquisition Looks Like a Good Fit $SQ (8/2/21)
Square’s acquisition of Afterpay will give it access to the fast-growing Buy Now Pay Later market. Was this a good acquisition, or was the price tag too expensive? 7investing lead advisors Anirban Mahanti and Steve Symington discuss Square’s underappreciated network effects and why the company is so excited about integrating BNPL into its existing Cash App.
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The skinny
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